Hello Traders,
Here comes a major risky one. Anytime you have these new coins added to Coinbase, we see an increase in volatility. Which why most of us Trade crypto to start with. Nu looks to have formed a head and shoulders pattern with a triangle. I’m expecting that the price on this one will continue to fall. Until hitting an unknown bottom and eventually rebounding. Waiting to trade this one, will probably be wise to see how it plays out. Also to purchase the coin at a lower price.
I’ll be patient on this one for now until more becomes clear. Happy Sunday!
Here comes a major risky one. Anytime you have these new coins added to Coinbase, we see an increase in volatility. Which why most of us Trade crypto to start with. Nu looks to have formed a head and shoulders pattern with a triangle. I’m expecting that the price on this one will continue to fall. Until hitting an unknown bottom and eventually rebounding. Waiting to trade this one, will probably be wise to see how it plays out. Also to purchase the coin at a lower price.
I’ll be patient on this one for now until more becomes clear. Happy Sunday!